The U.S. Dollar Is Going To Go Higher As Turmoil Increases Worldwide

The U.S. Dollar is going to go higher as turmoil increases worldwide and as the U.S. dollar goes higher, gold (SPDR Gold Trust ETF (GLD)) and silver (iShares Silver Trust ETF (SLV)),  will probably continue under pressure. At some point the dollar will get overvalued, it may turn into a bubble and I will have to sell my dollars. Then I will put my money into silver and gold and maybe the Renminbi, the Chinese currency which by then should be convertible.  

Technology Stocks In China

Perhaps the technology stocks in China were entering a bubble like that. Not sure it got that developed. If it continued... It was certainly an incipient bubble and we will wait to see if it becomes a full fledged bubble.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.